Danone Considers Job Cuts in Europe

By

Ruth Bender

Updated Dec. 13, 2012 2:44 p.m. ET

PARIS—Danone SA said Thursday it is considering whether to cut jobs in Europe as part of a plan to save about €200 million ($260 million) over the next two years, as the world's biggest yogurt maker contends with weakened sales in the recession-hit region.

The job cuts are to be limited to managerial and support functions and will be based on voluntary departures, while factories are excluded from the layoffs for now, said Danone, producer of Activia yogurt and Evian water. It declined to say how many positions would be...